2.49% volatility in Parker-Hannifin Corporation (PH) last month: This is a red flag warning

On August 04, 2022, Parker-Hannifin Corporation (NYSE: PH) opened at $294.64, higher 1.18% from the last session. During the day, the shares moved up to $296.99 and dropped to $286.53 before settling in for the closing price of $290.06. Price fluctuations for PH have ranged from $230.44 to $340.00 over the past 52 weeks.


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A company in the Industrials sector has jumped its sales by 4.80% annually for the last half of the decade. Company’s average yearly earnings per share was noted 44.10% at the time writing. With a float of $127.73 million, this company’s outstanding shares have now reached $128.43 million.

In an organization with 54640 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +27.22, operating margin of +16.74, and the pretax margin is +15.66.

Parker-Hannifin Corporation (PH) Insider Updates

A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Parker-Hannifin Corporation is 0.50%, while institutional ownership is 84.80%. The most recent insider transaction that took place on May 10, was worth 265,076. In this transaction Director of this company bought 1,000 shares at a rate of $265.08, taking the stock ownership to the 19,280 shares. Before that another transaction happened on May 09, when Company’s Director bought 1,000 for $273.44, making the entire transaction worth $273,439. This insider now owns 18,280 shares in total.

Parker-Hannifin Corporation (PH) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 3/30/2022, the company posted $4.83 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $4.65) by $0.18. This company achieved a net margin of +12.17 while generating a return on equity of 24.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.4 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 44.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.71% during the next five years compared to 17.80% growth over the previous five years of trading.

Parker-Hannifin Corporation (NYSE: PH) Trading Performance Indicators

Check out the current performance indicators for Parker-Hannifin Corporation (PH). In the past quarter, the stock posted a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.31. Likewise, its price to free cash flow for the trailing twelve months is 24.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.93, a number that is poised to hit 4.67 in the next quarter and is forecasted to reach 18.71 in one year’s time.

Technical Analysis of Parker-Hannifin Corporation (PH)

Let’s dig in a bit further. During the last 5-days, its volume was 0.91 million. That was better than the volume of 0.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.90%. Additionally, its Average True Range was 7.15.

During the past 100 days, Parker-Hannifin Corporation’s (PH) raw stochastic average was set at 91.18%, which indicates a significant decrease from 93.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.72% in the past 14 days, which was lower than the 33.10% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $261.77, while its 200-day Moving Average is $289.58. However, in the short run, Parker-Hannifin Corporation’s stock first resistance to watch stands at $298.13. Second resistance stands at $302.79. The third major resistance level sits at $308.59. If the price goes on to break the first support level at $287.67, it is likely to go to the next support level at $281.87. Assuming the price breaks the second support level, the third support level stands at $277.21.

Parker-Hannifin Corporation (NYSE: PH) Key Stats

There are currently 128,372K shares outstanding in the company with a market cap of 36.11 billion. Presently, the company’s annual sales total 14,348 M according to its annual income of 1,746 M. Last quarter, the company’s sales amounted to 4,086 M and its income totaled 348,020 K.

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